Fractional reserve banking is designed to destroy American's wealth, while making the true owners of the Fed rich

How do you not have perpetual debt, when every dollar that has been created in existence generates an interest debt associated with it? This is impossible to pay back since more money would need to be created to service the interest debt, but this money would have its own new interest debt due on it. By increasing the supply of money (debt) which is done irrespective of the exchange of goods and services in the market, the additional money robs the value of existing wealth through inflation. THIS MONEY WAS CREATED OUT OF NOTHING AND IS MAKING THE FED OWNERS RICH BY STEALING WEALTH FROM TAXPAYERS AND PERPETUALLY KEEPING THE GOVERNMENT IN DEBT!!

The Federal Reserve Owns the American Dollar and Is Not Owned by Americans

Evil is a bad word to use, but is it used by the super rich to seperate normal americans from their money? Yes. The American people owe the federal reserve 2 trillion dollars for the right to print their own money. If evil means misleading, cheating, stealing, confusing, and creating poverty then the fed is evil.

Fat fiat fat

Violates Article 1 Section 8 sentence 5 of the constitution which states:"Congress shall have the power; to coin money, regulate the value thereof, and of foreign coin, fix the standard weights and measures"It is against the constitution, issues fiat even though the constitution mandates a gold standard system.

The Federal Reserve is evil and an unconstitutional organization.

The Federal Reserve is in charge of printing our own money and they print more and more money and puts inflation on our dollar. They aren't a Federal organization they are a private bank owned by private stockholders. The Federal Reserve is owned by multi-billionaires who steal and hoard our money. We need Thomas Jefferson back to see what has happened to America. We need better and more patriotic leadership.

The Federal Reserve is evil and an unconstitutional organization.

The Federal Reserve is in charge of printing our own money and they print more and more money and puts inflation on our dollar. They aren't a Federal organization they are a private bank owned by private stockholders. The Federal Reserve is owned by multi-billionaires who steal and hoard our money. We need Thomas Jefferson back to see what has happened to America. We need better and more patriotic leadership.

The Federal Reserve is not evil.

The Federal Reserve is not evil. They have had to do the things that they have had to do because the banks that they are in charge of have done very bad things. If they did not take action when they did, our economy would be in absolute shambles and jobs would be scarce.

The Federal Reserve is anything but evil.

The Federal Reserve serves a valuable and much needed service. Without it we would loose a tool that keeps finances in check and prevents runaway inflation. The Federal Reserve makes it possible for banks to keep solvent and continue to loan money on the cheap during hard times, as well as employ tools to keep things from getting out of hand when rates are influenced by overly enthusiastic investors.

Central Banking is an important and necessary function in any modern economy

Yes, the Federal Reserve is unpopular; and that is precisely why it must be an independent organization free from short-term political influence. Without monetary tools in place, we run risks related to hyperinflation, deflation, and systematic risk which is in-part controlled by a central banking system. The Gold Standard doesn't work and does not provide a framework for mitigating liquidity problems during gluts. Yes, we need to pair the bank with responsible fiscal policy, but both are necessary for a strong and sound economy. The Federal Reserve is a lot of things, but evil is not one of them.

No no NO!

The federal reserve is a well built system that is working great so far! Why demolish it when it has helped! It's what helps you with your loans and is the thing that keeps things from getting out of hand! I'm only 13 so I don't know that much about it but what I do know is that we need to keep federal reserve!